Commercial Real Estate Auction
6:00 PM Thursday, September 29, 2011
Manteno, IL
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Owners: Ronald Miller
Commercial Real Estate Auction
Thursday, September 29th @ 6:00pm
741 N. Main St., Manteno, IL 60950
Open House for Inspection Sept. 22nd from 4-6 pm
Property located at 741 N. Main St., Manteno, IL will be sold onsite at public auction.
Directions: From exit 322 & I-57, head east approx. 1 mile on W Division St. Then, head north approx. ½ mile on N Main St.
Real Estate: Property Features .98 Acre Lot with Building; Paved Parking Lot with 2 Street Access; Building Consisting of over 10,536 sq. ft. Ground Floor; Two Lofts: 1– 1200 sq. ft. & 2 –900 sq. ft.; 400 sq. ft. Office Area with New Central Air & Heat in 2005; 400 sq. ft. Kitchen Area with All Thermal Pane Windows; 5 Line Phone Service; 3 Restrooms (2 Multiuse); Burglar Alarm & Heat Alarms Throughout Building; Main Shop & North Shop Foamed Roof in 2005 & 2006; 3 Small Lean-To’s: 2 – 100 sq. ft., 1 – 320 sq. ft.; 200 Amp 3 Phase 240 Electric Service Compressor Air Piping Throughout Building; Double Check Back Flow Preventer Installed 8/2011 in Water Supply; Two 10x12 Overhead Doors with 1 Wireless Control; Lawn Mower Storage Area 8’x18’ Outside Access; Acquired Variance to do an addition to the Office & an addition to the Shop with Complete Architectural Drawings (4800 sq. ft.); Phase 2 Environmental Study 1999; Environmental Cleanup Documentation 2010.
Terms: 10% down payment (non-refundable) on day of auction- balance due at closing in approx. 30 days. Being sold “AS-IS” w/no warranties or contingencies. Written purchase agreement to be entered into on day of auction. Taxes will be prorated and possession given at closing. Seller has right to reject any or all bids.
Ronald Miller, Owner
Mike Peterson Auctioneers, Watseka, IL. Lic. #440000917
Info: (815) 468-1024 or (815) 474-7748